International trade

Turkey's exports increased by 24.6 percent in April from a year ago to stand at $23.4 billion, the Turkish Statistical Institute (TÜİK) said on May 31.

Imports grew by 35 percent on an annual basis to $29.5 billion.
Consequently, the country's trade balance posted a deficit of $6.1 billion in April, rising 98.5 percent compared with the same month of 2021.

Turkey's exports rose by 19.8 percent in March from a year earlier to stand at $22.7 billion, official data have shown.

Bulgaria's total foreign trade balance was negative in the first two months of the year and amounted to BGN 2.46 billion, according to the National Statistical Institute. The balance with third countries in the period January - February 2022 is also negative and amounts to BGN 2.51 billion.

Ljubljana – The newspaper Delo warns in Saturday’s commentary against misinterpretation of macroeconomic indicators before election, noting that rather than boasting with figures politicians should offer solutions for the future.

China has not adopted the rules of the World Trade Organization even after 20 years' membership, the United States said yesterday, adding that the world's second-biggest economy had "retained and expanded" its statist approach to the detriment of businesses and workers globally.

Turkey's foreign trade deficit shrank by 40.1 percent to stand at $1.4 billion in October, the Turkish Statistical Institute (TÜİK) said on Nov. 29.

In October this year, exports coverage imports were 93.5 percent, while it was 87.8 percent in October last year, according to TÜİK data.

Turkey's Green Reconciliation Working Group, which was formed under the leadership of the Ministry of Commerce, will intensify its activities in order to remove barriers to foreign trade and ensure the green transformation of companies.

New Zealand and Australia have ratified the multilateral trade agreement, considered the largest in the world, said today the Minister of State for Trade and Export Growing of Wellington Phil Twiford.

Romania's FOB/CIF seven-month trade balance deficit widened to 12.864 billion euros, by 2.858 million euros more from the year-ago period, as imports advanced 25.4 percent and exports 24.8 percent, according to data released on Thursday by the National Institute of Statistics (INS). January - July FOB exports totaled 42.511 billion euros, and CIF imports stood at 55.376 billion euros.

Turkey's ready wear and confection exporters are working at nearly full capacity to meet strong demand stemming from recovery in the industry's export markets.

From January to July, the sector's shipments to foreign markets grew by a robust 27 percent on an annual basis to climb more than $11.1 billion.